He said the chaos candidates like Sanders and Trump have caused will force both of the political parties to adapt.

“For those of us who have looked in sort of the established order of the political fray over the course of the past several years, it looks like chaos, but to the people I think it looks like democracy,” he said. “I think that is something that really is moving us to a new reality, where the parties are going to have to retrofit themselves and adapt to this new realignment.”